BNY Mellon Investment Boutique Bolsters Capabilities in Opportunistic Fixed Income Strategies
Standish Mellon Asset Management Company LLC, the Boston-based fixed income investment boutique for BNY Mellon, has named Scott D. Zaleski to the newly created position of client portfolio manager, with responsibility for representing Standish and its products, product development and business development for global multi-sector investment strategies, with a special focus on Standish's opportunistic fixed income strategies.
Zaleski reports to Michael A. Faloon, chief operating officer of Standish, and David Leduc, Standish's chief investment officer.
"We see growing interest in opportunistic fixed income strategies and the need to educate key members of the financial community about the way these strategies are implemented," Faloon said. "Scott brings a strong track record of managing fixed income strategies, as well as the ability to explain and position complex investment products."
"Multi-sector strategies, and opportunistic fixed income strategies in particular, are becoming an increasingly important part of fixed income portfolios as opportunities and risks are rapidly changing in the current interest rate environment," said Leduc. "Investors need to be flexible and move nimbly to maximize their returns and limit downside risks."
Standish manages approximately $1.9 billion in opportunistic fixed income strategies.
Zaleski joins Standish from The Flatley Company, where he was a senior portfolio manager. Prior to that, he was a portfolio manager for Wellington Management Company LLP and also had experience with Putnam Investments, State Street Global Advisors and Fidelity Investments.
He received his bachelor's degree from Skidmore College and his master's degree from Boston College.